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Truist Financial Corp Boosts Stock Holdings in Synopsys, Inc. $SNPS
Truist Financial Corp significantly increased its stake in Synopsys, Inc. (NASDAQ:SNPS) during the fourth quarter, acquiring an additional 20,072 shares and bringing its total holdings to $21.16 million. Other institutional investors also adjusted their positions, and analysts have set a consensus “Hold” rating with an average price target of $531.00. Synopsys recently reported strong earnings, exceeding analyst expectations for both EPS and revenue.